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Jun 16, 2013
06/13
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CSPAN
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think of the hollow out of our economy in many places in our country. more power would be generated by natural gas. consumers would save hundreds of billions of dollars because he would have the last -- lowest gas prices in the world. it would allow us to invest hundreds of billions of dollars in our own country. what should we do? let's approve the xl pipeline for crying out loud. [applause] we should have rational regulation for fracking so we can protect it and keep sustained rather than trying to create rules around it that would make it impossible for to be fully exploited to the benefit of job creation in our country. we should open up federal lands and waters. it should dramatically increase for our country's economic security. we need to the energy secure as fast as possible. we should great short-term incentives for natural gas and transportation for freight and trucking. 3 million barrels per day of oil and diesel is used. if the cut that in half, 1.5 million barriers of oil around the world that could come from america. we should create a com
think of the hollow out of our economy in many places in our country. more power would be generated by natural gas. consumers would save hundreds of billions of dollars because he would have the last -- lowest gas prices in the world. it would allow us to invest hundreds of billions of dollars in our own country. what should we do? let's approve the xl pipeline for crying out loud. [applause] we should have rational regulation for fracking so we can protect it and keep sustained rather than...
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Jun 15, 2013
06/13
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FBC
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eye 93
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the can only adversely affect the economy and thh supply of credit. lou: what is low volume this week? you interpret the reason ffor th for the upcomin meeting and all of the query that we no can presume and one other factor? like it is bein held in this area. >> perhaps it is not a bad idea that to the sideline and have someone take a chance. lou: one of my favorite gurus out there right now -- theycome up with more nonsense. they are pushing a 30 year bull market in bonds sraight in to what they are trying to lift it with all forces, talking about % chance of a recession in the next three to five years. what is going on in the minds of these folks. what are they pushing? i know that they are pushing this a bit. but what in the world is going on with the business that they are even paying attentionthis? >> there is a 60% chance of a recession. in three to fiveears, we are going to fort about this. >> this is all that is going on. other people are talking about the forthcoming 10 year treasury bond, which think is unlikely anytime soon. lou: are the h
the can only adversely affect the economy and thh supply of credit. lou: what is low volume this week? you interpret the reason ffor th for the upcomin meeting and all of the query that we no can presume and one other factor? like it is bein held in this area. >> perhaps it is not a bad idea that to the sideline and have someone take a chance. lou: one of my favorite gurus out there right now -- theycome up with more nonsense. they are pushing a 30 year bull market in bonds sraight in to...
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Jun 21, 2013
06/13
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FOXNEWSW
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what does that tell you about the economy? >> well, it still shows that this is what has been all along a very tentative recovery. housing is looking better, manufacturing isn't. when you have unemployment still as high as it is, and when you have inflation still astonishing low, the market believes it's the wrong time to talk about tightening and it's probably right. >> chris: a.b.? >> the fed chair actually said we will keep these policies going if the economy requires it and the market flips out. there is not enough assurance in a jobless recovery to calm the pessimism that still remains years into it. >> chris: there is another factor here as well and, charles, why don't you add this to it. there is also concerns about slower growth and tightening of credit inside of china which has been a huge engine of economic growth. one of the few places with big growth around the world. >> that is true. but that's been happening over a period of weeks. i think the fact that you had the sell-off for a couple of days right after the be
what does that tell you about the economy? >> well, it still shows that this is what has been all along a very tentative recovery. housing is looking better, manufacturing isn't. when you have unemployment still as high as it is, and when you have inflation still astonishing low, the market believes it's the wrong time to talk about tightening and it's probably right. >> chris: a.b.? >> the fed chair actually said we will keep these policies going if the economy requires it...
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Jun 18, 2013
06/13
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KNTV
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. >>> the british economy is about to get a $400 million boost thanks to none other than will and kate's special delivery. royal baby sleepwear, booties and so much more will be big biz for the royal family and retailers. >>> and check out this $3,000 watermelon. boy, i sure hope it's worth it. these black skinned melons grown only in japan's northern island of hokido are dense and sweeter than regular watermelons. >>> three sport radios hosts have been fired for going over the line. you got to hear about this one. >>> and former nba star allen iverson is accused of abducting his five children. >>> plus, will brad pitt's world war z be a blockbuster or a bust? next. >>> all right. time to get the latest in sports now. game three of the stanley cup finals, bruins daniel paille rips a shot past goaltender corey crawford for a 1-0 lead. now ten minutes later patrice bergeron is left open on the back post for an easy power play goal making it 2-0, bruins. the bruins hold on to win, giving them a 2-1 series lead. >>> here is a bizarre story involving former nba star allen iverson. tmz reporte
. >>> the british economy is about to get a $400 million boost thanks to none other than will and kate's special delivery. royal baby sleepwear, booties and so much more will be big biz for the royal family and retailers. >>> and check out this $3,000 watermelon. boy, i sure hope it's worth it. these black skinned melons grown only in japan's northern island of hokido are dense and sweeter than regular watermelons. >>> three sport radios hosts have been fired for...
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70
Jun 22, 2013
06/13
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CSPAN
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to affect the internet economy, there is something in the privacy act called the ick factor. you can't define it, but people say "ick!" i think that will affect the government use of this data. alan? >> i think it's more than just the nine companies but the real impact on the broader internet communications economy. i think that we know people do not want to use services that they don't trust them. the last two weeks have not been good for trust of major u.s. and internet medications companies, which is partly why you are hearing so much about why they are trying to, in their eyes, protect user privacy. you know, the director talked about this in his testimony from a different point of view. he said the disclosure will drive people away on the u.s. services and that is a damaging thing. i would say that is a damaging thing, but it is the existence of the services and the lack of transparency and oversight that is going to drive people away. we know people have choices out there. this will embolden the competitors, the services that are abroad, it will drive people especially
to affect the internet economy, there is something in the privacy act called the ick factor. you can't define it, but people say "ick!" i think that will affect the government use of this data. alan? >> i think it's more than just the nine companies but the real impact on the broader internet communications economy. i think that we know people do not want to use services that they don't trust them. the last two weeks have not been good for trust of major u.s. and internet...
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Jun 23, 2013
06/13
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KRCB
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does this mean that the economy is improving? >> the reason for the panic is that there are people who believe that the economy is not getting strong at the rate that bernanke it does and the whole thing is a house of cards that could collapse. and do not know which analogy to use. he has been pumping in the heroin, if you like, at a pretty high pace. he did not say cold turkey. he said next year for six months i might begin a slight tapering, and everybody goes crazy. what has happened to my dealer? >> good news, bad news, or don't we know? >> i don't know. i am sure there is somebody who knows somewhere, but the very folks who pray and genuflect before the free market are saying wait a minute, i have to get my fix. ben bernanke is returning to a belief and the confidence that the united states economy can thrive without this -- whatever you want to call it, illicit drug, a stimulant, wild turkey switching to chamblis. i do not know what stimulant they are looking for. >> i for one am grateful for the fact that bernanke has been
does this mean that the economy is improving? >> the reason for the panic is that there are people who believe that the economy is not getting strong at the rate that bernanke it does and the whole thing is a house of cards that could collapse. and do not know which analogy to use. he has been pumping in the heroin, if you like, at a pretty high pace. he did not say cold turkey. he said next year for six months i might begin a slight tapering, and everybody goes crazy. what has happened...
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Jun 23, 2013
06/13
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CSPAN
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to grow our economy. the arrogance we are seeing in the same arrogance that has left our economy plodding along. after four years of watching -- washington knows best, our economy is recovering at the slowest rate since world war ii. the growth numbers barely move. unemployment stays about the same. we are told not to read much into it. experts call this condition the new normal. some even argue it is good nough for now. it is not good enough for me. i know it is not good enough for you either. how can any of us stay on top with groups that nearly cap 12 million americans out of work and threaten our children's future? we should be doing much better. we are not a people who hobble along hoping some day some where down the line things are going to get better. we are a people who chart our own course, who take matters into our own hands. that is why i'm here today. people in this room represent so much of our nations economic success, and our potential for the future. manufacturing represents where things a
to grow our economy. the arrogance we are seeing in the same arrogance that has left our economy plodding along. after four years of watching -- washington knows best, our economy is recovering at the slowest rate since world war ii. the growth numbers barely move. unemployment stays about the same. we are told not to read much into it. experts call this condition the new normal. some even argue it is good nough for now. it is not good enough for me. i know it is not good enough for you either....
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Jun 20, 2013
06/13
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MSNBCW
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last year brazil became the sixth largest economy in the world. but income and equality is a huge issue. about one in five people live below the poverty line. demonstrators are protesting in part against billions of dollars being funneled not into education or health care or other basic needs for the population, but into big spectacular events. into stadiums and if a sill advertise being built for brazil to host the world cup and the summer olympics. the cost to host the world cup is estimated to top $13 billion. the protests today around the stadium, this is brazil today a supposed day off from the protests. these have been incredibly dramatic. incredibly big protests. the main organizers say tomorrow is not the day off it will be the day to watch for when everybody should be expected to hit the streets. it's going to be a big news story tomorrow. watch it here. so what did you think of the house? it's got a great kitchen, but did you see the school rating? oh, you're right. hey babe, i got to go. bye daddy! ...but what about when my parents visi
last year brazil became the sixth largest economy in the world. but income and equality is a huge issue. about one in five people live below the poverty line. demonstrators are protesting in part against billions of dollars being funneled not into education or health care or other basic needs for the population, but into big spectacular events. into stadiums and if a sill advertise being built for brazil to host the world cup and the summer olympics. the cost to host the world cup is estimated...
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115
Jun 22, 2013
06/13
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FBC
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hurting the economy more than it has helped. editor-in-chief steve forbes, great to have you with us. qe appears to be at an end, sort of. $85 billion continues, the rates are moving higher, so that will be problematic. your thoughts on the timing on all of thisy the fed chairman. >> three years late, better late than never, what ben bernanke has done inadvertently this make it easier for the vernment to deficit spending, get back on their feet, issue newonds but for the rest of the economy, smaller businesses like with what they said in russia, health care is free but you can't get any. they a thehe job creators, they are hurt by what bernanke did. not much left for the small guys. lou: a lot of lilimited government, some of them are anti-fed. oh, my gosh, we cannot conclude it a $5 billion per month. i do not like what he has done, bbt don't let him reverse course here. there is a chorus of hypocrisy in pleading for more punch bowl, please. >> it is hard to give up when you have it. bernanke will not do this precipitously, wil
hurting the economy more than it has helped. editor-in-chief steve forbes, great to have you with us. qe appears to be at an end, sort of. $85 billion continues, the rates are moving higher, so that will be problematic. your thoughts on the timing on all of thisy the fed chairman. >> three years late, better late than never, what ben bernanke has done inadvertently this make it easier for the vernment to deficit spending, get back on their feet, issue newonds but for the rest of the...
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46
Jun 23, 2013
06/13
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KQED
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eye 46
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of the global economy. in a statement, the g8 warned that, quote, global economic prospects remain weak. though downside risks have reduced thanks in part to significant policy actions taken, unquote. in the u.s., the euro zone and japan. they depicted 2014 as a quote unquote difficult one with the euro zone in recession and the american economy still hampered by high unemployment. china did not participate in the discussions since china is not a member of the g8 although japan, its neighbor, is. >> why are the economies around the world slowing down. >> because the economies around the world have accumulated too much debt and they don't know how to get the economies moving again. china's growth rate is down to 6 or 5%. no one knows where it's going. exports within the european community are dropping all over the place. virtually every european country -- look at the unemployment rate in spain. it's 26%. you look at italy, france and spain, they're all cass -- basket cases. they have a debt to retail. just
of the global economy. in a statement, the g8 warned that, quote, global economic prospects remain weak. though downside risks have reduced thanks in part to significant policy actions taken, unquote. in the u.s., the euro zone and japan. they depicted 2014 as a quote unquote difficult one with the euro zone in recession and the american economy still hampered by high unemployment. china did not participate in the discussions since china is not a member of the g8 although japan, its neighbor,...
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Jun 20, 2013
06/13
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KGO
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eye 297
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fed chairman ben bernanke said today that he expects the economy to grow and unemployment to fall well into next year, but he also signalled that years of low interest rates that have made it easier for companies to invest and families to buy cars and homes may soon be ending, a big reason the dow dropped more than 200 points on the news. abc's rebecca jarvis explains what this may mean for you tonight. >> reporter: david and sarah turnbull are looking at homes in new bury park, california for their expanding family, hoping to take advantage of record low interest rates. >> we're at a time when we can buy, and we'd like to lock in an interest rate. >> reporter: but in the last six weeks, interest rates have started to climb. mortgages now about 4% for the first time in a year, up more than half a percent since may. >> people are thinking that makes a big difference in my monthly payment and what i can afford. >> reporter: every 1% increase in mortgage rates makes owning . >> i like the openness. >> reporter: in real terms, the cost of the mortgage on that $500,000 dream home goes up $2
fed chairman ben bernanke said today that he expects the economy to grow and unemployment to fall well into next year, but he also signalled that years of low interest rates that have made it easier for companies to invest and families to buy cars and homes may soon be ending, a big reason the dow dropped more than 200 points on the news. abc's rebecca jarvis explains what this may mean for you tonight. >> reporter: david and sarah turnbull are looking at homes in new bury park,...
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90
Jun 19, 2013
06/13
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FOXNEWSW
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eye 90
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calendar's worked against him, all three of these candles coming together as they have, plus the anemic economy have undermined people's confidence in his credibility and integrity. 45 approve, 57 disapprove. the lowest, 34/64, the previous low was in august of 2011. strong leader, 52-48. it's the lowest since january 2012. and the lowest of his entire term was 48-52. managing the government effective i lrks 47-53, the lowest since september 2011, and not a typical politician, lowest in office. when he came into office, it was 63-36. >> i suppose his trip overseas, he had to go to the g-8, it does have the appearance of getting out of dodge. he doesn't realize all these numbers are sinking in, he needs to talk to us, he needs to come back to talk to the american people. bad timing, though. >> the g-8 from his perspective was at an unfortunate time. this has all been happening, and he squandered the weeks leading into this, we've known about the -- some of these things for going on three and four and five weeks, benghazi obviously longer than that, the irs scandal, the ap records, the leaks and
calendar's worked against him, all three of these candles coming together as they have, plus the anemic economy have undermined people's confidence in his credibility and integrity. 45 approve, 57 disapprove. the lowest, 34/64, the previous low was in august of 2011. strong leader, 52-48. it's the lowest since january 2012. and the lowest of his entire term was 48-52. managing the government effective i lrks 47-53, the lowest since september 2011, and not a typical politician, lowest in office....
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Jun 21, 2013
06/13
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FOXNEWSW
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eye 106
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we this economy is maybe in first gear. now the federal reserve board, who hasn't accurately predicted anything about the economy over the last four years and has never predicted a recession, says, okay, we think now we're getting close to the point where we can pull the stimulus out of the market. nobody gets it. why now? we don't have enough traction here to do this. >> jerry, you talked to individual investor, portfolio people, not the manager. should they continue the course, keep the regular purchases or dollar cost averaging? >> they should absolutely. but a lot of the folks who watch our show don't like what they've seen in the market. they tone like the way we got to the rally. the think it's all about ben bernanke and the fed. they wore if he takes his foot off the gas pedal. who knows what will happen to the stack mark. you have too -- the stock market. you have to be invest elfed. the only thing to give you enough oomph to get you through retirement, putting the kids in scamp it's essential. >> jimmy there are so
we this economy is maybe in first gear. now the federal reserve board, who hasn't accurately predicted anything about the economy over the last four years and has never predicted a recession, says, okay, we think now we're getting close to the point where we can pull the stimulus out of the market. nobody gets it. why now? we don't have enough traction here to do this. >> jerry, you talked to individual investor, portfolio people, not the manager. should they continue the course, keep the...
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93
Jun 22, 2013
06/13
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FOXNEWSW
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it is more a diversified economy than north dakota's. is this red state/blue state model argument that pair write is making, is that something that you think is going to have real legs? >> oh, yeah. i think it has legs because what he is talking about is real. they talked to business owners. large corporate ceos and business owners. if they go to texas i looked into this some. what they will find is not this environment that you described but public officials, whether it is the governor, the attorney general, comptroller's office, if you have a problem it will say let's work it out and try to help you succeed rather as in new york, attorney general's, job who seems to be hire and sue -- hammer and sue businesses. it is a completely different environment. it is not saying that they don't have regulation in texas. we have to comply but not an adversarial relationship as it is in the blue states. >> jerry brown, governor of california, seemed to resent this. took the perry -- they had a paid public kind of flap about it. new york governor c
it is more a diversified economy than north dakota's. is this red state/blue state model argument that pair write is making, is that something that you think is going to have real legs? >> oh, yeah. i think it has legs because what he is talking about is real. they talked to business owners. large corporate ceos and business owners. if they go to texas i looked into this some. what they will find is not this environment that you described but public officials, whether it is the governor,...
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Jun 22, 2013
06/13
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FOXNEWSW
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eye 92
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the reason why and what it means for the economy at-large. that's up next. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger. folks have suffered from frequent heartburn but now, thanks to treating with prilosec otc, we don't have to suffer like they used to. [ bell dings ] ♪ [ horse whinnies ] getting heartburn and then treating day after day is a thing of the past. block the acid with prilosec otc, and don't get heartburn in the first place. we've surcome a long way. ♪ [ le announcer ] one pill each morning. 24 hours. zero heartburn. try align. it's the number one ge recommended probiotic that helps maintain digestive balance. ♪ stay in the groove with align. >>> time for a quick check
the reason why and what it means for the economy at-large. that's up next. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested over $55 billion here in the last five years - making bp america's largest energy investor. our commitment has never been stronger....
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Jun 18, 2013
06/13
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WMAR
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eye 71
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to figure out whether the fed will cut back on some of the incentives that have helped stimulate the economy. last month chairman ben bernanke said that the fed might start dialing back on bond buying. investors will be hoping to hear when this might happen and what effect it could have on rates. >>> major airlines improved customer satisfaction ratings for the second year in a row. jetblue came out on top followed by southwest, even with the improvements, though, airlines still are low rated when compared to other industries. air carriers are at the bottom along with cable tv and internet providers. >>> we're expecting to learn more today about why chrysler is refusing to recall nearly 3 million jeeps over safety concerns. until now the company provided only a three-page paper explaining the refusal but today is the deadline fora more comprehensive response. government experts claim the rear mounted fuel tanks on the suvs can cause deadly fires in a collision. >>> ford is going back to the basics. at least when it comes to the car radio. after years of complaint it says it will return to of
to figure out whether the fed will cut back on some of the incentives that have helped stimulate the economy. last month chairman ben bernanke said that the fed might start dialing back on bond buying. investors will be hoping to hear when this might happen and what effect it could have on rates. >>> major airlines improved customer satisfaction ratings for the second year in a row. jetblue came out on top followed by southwest, even with the improvements, though, airlines still are...
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103
Jun 16, 2013
06/13
by
FBC
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eye 103
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we have essentially a fascist economy in which big-- i mean jonathan is promoting oh, you've go to get big. well, that's wrong. you've got small. you've got big government, big business and big labor, and they're all in cahoots. and lien, verizondidn't do this on their own. the government leases that line. they provided the financing to verizon. the government and verizon are hand and glove. the government and ge are hand and glove. it's going to control6 of the banking. everybody is too big. and that's what's wrong. we have essentially a fascist econonomy. >> go ahd, jonathan. >> verizon's done nothing. you're all dumping verizon. they've done absutely nothing. and wayne, you want a small phone company? great. put two tin cans together. a schmoll phone company will not be able to serve anyone. >> oh, please, give me a break. you don't know what the hell you're talking about. you're shooting your mouth off about something you do not know. >> hold on. hold on. tracy, jonathan says verizon has donenothing. as far i understand -- >> this blows my mind. this is so not jonathan. what did yo
we have essentially a fascist economy in which big-- i mean jonathan is promoting oh, you've go to get big. well, that's wrong. you've got small. you've got big government, big business and big labor, and they're all in cahoots. and lien, verizondidn't do this on their own. the government leases that line. they provided the financing to verizon. the government and verizon are hand and glove. the government and ge are hand and glove. it's going to control6 of the banking. everybody is too big....
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240
Jun 19, 2013
06/13
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CNNW
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eye 240
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is this a sign of a fragile economy or is it guarded optimism? >> what's amazing is that bernanke essentially said he was going to do nothing right now and yet the markets reacted in the way they did. i think this will be a theme for the next six months. what the fed does is data driven. they are looking at unemployment figures, consumer sentiment, markets, growth figures. every time we have a new bit of data coming out and a new fed announcement. i think you are going to see very, very volatile markets. >> let's talk pocketbooks. i want to put up the new cnn/orc poll about what people's personal financial situation is compared to a year ago. 36% say they are better off. 44% say they are worse off. so in the middle of the recovery, what do you make of that? >> it is really interesting. it reflects the incredibly bifurcated nature of the economy we are in. people at the top are doing well. there are jobs for those at the bottom and americans have gotten their balance sheets in order over the last few years. the spending rate has gone up. debt is d
is this a sign of a fragile economy or is it guarded optimism? >> what's amazing is that bernanke essentially said he was going to do nothing right now and yet the markets reacted in the way they did. i think this will be a theme for the next six months. what the fed does is data driven. they are looking at unemployment figures, consumer sentiment, markets, growth figures. every time we have a new bit of data coming out and a new fed announcement. i think you are going to see very, very...
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71
Jun 22, 2013
06/13
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CSPAN
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eye 71
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the economy has to grow on its own volition. you cannot have this artificially-induced said said -- fed stimulus. itke any drug, it wears off. may have already started. it is not as effective, so we might see some corrections in the market going forward. the fed might come out like bullard came out and said, -- and say, he is only kidding. he is not kidding.the markets are already moving against it. we will see how far it goes. right now, raising taxes is a hotly-debated economic issue. most economists -- ic issuebated economy among economists. you can imagine what site i am on. i am not in favor of tax hikes because it kills the timing. christina romer said that is true. the endgame said -- the end game is not going to be pretty. host: an editorial cartoon shows fed chairman ben bernanke pulling the rug on quantitative easing.stephen idaho falls, idaho. falls, idaho.aho good morning. caller: good morning. i was wondering if printing dollars is a flat tax that president obama and his administration could not possibly pass otherw
the economy has to grow on its own volition. you cannot have this artificially-induced said said -- fed stimulus. itke any drug, it wears off. may have already started. it is not as effective, so we might see some corrections in the market going forward. the fed might come out like bullard came out and said, -- and say, he is only kidding. he is not kidding.the markets are already moving against it. we will see how far it goes. right now, raising taxes is a hotly-debated economic issue. most...
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Jun 18, 2013
06/13
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MSNBCW
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. >>> the british economy is about to get a 400 billion boost thanks to none other that will and kate's special delivery. royal baby sleepwear, booties and much more will be big business for the royal family and for retailers. >>> check out this $3,000 watermelon. these black skin melon grow only on japan's northern island heikedo. >>> three sports radio hosts are fired for crossing the line. allen iverson is accused of abducting his five children, plus an ugly scene involving a foul ball when "first look" returns. all business purchases. so you can capture your receipts, and manage them online with jot, the latest app from ink. so you can spend less time doing paperwork. and more time doing paperwork. ink from chase. so you can. [ engine revs ] ♪ [ male announcer ] just when you thought you had experienced performance, a new ride comes along and changes everything. ♪ the 2013 lexus gs, with a dynamically tuned suspension and adjustable drive modes. because the ultimate expression of power is control. this is the pursuit of perfection. i want peacocks. peacocks? walking the grounds.
. >>> the british economy is about to get a 400 billion boost thanks to none other that will and kate's special delivery. royal baby sleepwear, booties and much more will be big business for the royal family and for retailers. >>> check out this $3,000 watermelon. these black skin melon grow only on japan's northern island heikedo. >>> three sports radio hosts are fired for crossing the line. allen iverson is accused of abducting his five children, plus an ugly scene...
119
119
Jun 19, 2013
06/13
by
FOXNEWSW
tv
eye 119
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but chairman bernanke made it clear the fed could change its plans if the economy suffers any setbacks. home buyers might not like today's fed news, but for savers that suffered with low rates the last couple years, it could come as welcome relief. chris? >> thank you, peter. >>> there was plenty for the tea party to be mad at today. more than a thousand tea partiers gathered outside washington. a republican senator said the irs is set to pay $70 million in bonuses in defiance of a presidential order. mike emanuel tells us some people want to turn the tables on the tax man. >> reporter: on the west lawn of the capitol, more than a thousand tea party supporters and allies in congress called for the irs to be audited after conservative groups seeking tax exempt status received extra scrutiny. >> for targets of the irs, time to reverse it and target the irs. we're going to do it by dismantling the irs piece by piece. we are going to throw it overboard like a box of british tea. >> reporter: lois lerner, the irs official on paid leave after refusing to resign took heat for her role in targ
but chairman bernanke made it clear the fed could change its plans if the economy suffers any setbacks. home buyers might not like today's fed news, but for savers that suffered with low rates the last couple years, it could come as welcome relief. chris? >> thank you, peter. >>> there was plenty for the tea party to be mad at today. more than a thousand tea partiers gathered outside washington. a republican senator said the irs is set to pay $70 million in bonuses in defiance of...
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Jun 19, 2013
06/13
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KQED
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the chinese economy opened up a world of opportunities. a world of brand new shoppers. >> farmers are leaving these fields and are not becoming just workers but consumers. they are off to join the middle class. >> welcome to our viewers on public television and around the globe. kennedy'sfter john f. famous speech in berlin -- president obama a vote the cold war -- with a call to stop nuclear weapons. he asked for the u.s. and russia to reduce their stockpiles by one-third. the reaction from moscow was dismissive. >> president obama inspected the troops in the city that has known to much war. facing east of the brandenburg gate, he was cheered for removing his coat. >> i am feeling so good i am going to take off my jacket. >> speaking from behind bulletproof glass, he said the city has withstood war but has to be torn down. >> we can say in berlin and europe, our values one, onwon.ce and freedom >> he said they had to help people in burma and afghanistan. >> these people want to join the free world -- free world. they want our support beca
the chinese economy opened up a world of opportunities. a world of brand new shoppers. >> farmers are leaving these fields and are not becoming just workers but consumers. they are off to join the middle class. >> welcome to our viewers on public television and around the globe. kennedy'sfter john f. famous speech in berlin -- president obama a vote the cold war -- with a call to stop nuclear weapons. he asked for the u.s. and russia to reduce their stockpiles by one-third. the...
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Jun 22, 2013
06/13
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CSPAN
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how do you assess the global economy and the u.s. economy, and the extent to which there is any momentum or possibility for faster growth? >> basically, i would describe both the united states and the rest of the world as being in a sluggish environment where effective demand, if we can use that old-fashioned term, is inadequate to galvanize the system in the growth. yet there is not enough downside weakness to create any significant short-term changes that i can see. there are very huge imbalances out there. what i find startling is there are so many things -- which nothing is happening. for example, the european central bank had this huge trillion-euro rise a couple years ago of the assets in their balance sheet. then it came down a little bit. and for the last several months it has been absolutely flat. in other words, the extent to hich nothing is happening. it is just not credible with the huge amount of assets in central been spelling seats -- central bank balance sheets. there is very little of that spilling over into the mark
how do you assess the global economy and the u.s. economy, and the extent to which there is any momentum or possibility for faster growth? >> basically, i would describe both the united states and the rest of the world as being in a sluggish environment where effective demand, if we can use that old-fashioned term, is inadequate to galvanize the system in the growth. yet there is not enough downside weakness to create any significant short-term changes that i can see. there are very huge...
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Jun 15, 2013
06/13
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FOXNEWSW
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we have essentially a fascist economy. >> go ahead, jonathan. >> verizon's done nothing. you're all dumping on verizon. they've done absolutely nothing. and wayne, you want a small phone company? great. put two tin cans together. a schmoll phone company will not be able to serve anyone. >> oh, please, give me a break. you don't know what the hell you're talking about. you're shooting your mouth off about something you do not know. >> hold on. hold on. tracy, jonathan says verizon has done nothing. as far as i understand -- >> this blows my mind. this is so not jonathan. what did you have in your cheerios this morning, jonathan? this is so not you! come on, now! this is snooping. this is the kind of stuff that people like you are supposed to hate. if you want to gather intelligence, tell me. eric is right. i should have signed on the dotted line that said hey, you'll be protected. we've got this cable going from new jersey to virginia. >> let me read this to you. i've got to do this. i carry this in my pocket every single day. it's not a prop. it's the u.s. constitution, f
we have essentially a fascist economy. >> go ahead, jonathan. >> verizon's done nothing. you're all dumping on verizon. they've done absolutely nothing. and wayne, you want a small phone company? great. put two tin cans together. a schmoll phone company will not be able to serve anyone. >> oh, please, give me a break. you don't know what the hell you're talking about. you're shooting your mouth off about something you do not know. >> hold on. hold on. tracy, jonathan...
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Jun 19, 2013
06/13
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KQED
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the chinese economy opened up a world of opportunities. a world of brand new shoppers. >> farmers are leaving these fields and are not becoming just workers but consumers. they are off to join the middle class. >> welcome to our viewers on public television and around the globe. kennedy'sfter john f. famous speech in berlin -- president obama a vote the cold war -- with a call to stop nuclear weapons. he asked for the u.s. and russia to reduce their stockpiles by one-third. the reaction from moscow was dismissive. >> president obama inspected the troops in the city that has known to much war. facing east of the brandenburg gate, he was cheered for removing his coat. >> i am feeling so good i am going to take off my jacket. >> speaking from behind bulletproof glass, he said the city has withstood war but has to be torn down. >> we can say in berlin and europe, our values one, onwon.ce and freedom >> he said they had to help people in burma and afghanistan. >> these people want to join the free world -- free world. they want our support beca
the chinese economy opened up a world of opportunities. a world of brand new shoppers. >> farmers are leaving these fields and are not becoming just workers but consumers. they are off to join the middle class. >> welcome to our viewers on public television and around the globe. kennedy'sfter john f. famous speech in berlin -- president obama a vote the cold war -- with a call to stop nuclear weapons. he asked for the u.s. and russia to reduce their stockpiles by one-third. the...
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Jun 23, 2013
06/13
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FOXNEWSW
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their role in the economy. they just punted by and large. >> let's pick up on that because as julie said, there's the argument in its own way that bernanke statement is good news, inflation is low, it may be tepid, but growth is continuing and it shows the economy is recovering. >> but worry for someone like bernanke, when interest rates are this level and this much stimulus in the economy from that, and the economy strengthens to the point we have reasonably robust growth, you're right on the danger point for outbreak of inflation. that's what a fed chief has to be concerned about. the thing chiefs often have to do is raise rates in a way it doesn't blow up the force of whatever recovery is going on, but in time to prevent inflation. once the inflation jeannie is out of the bottle, it is hard to put it back in. last big experience we had with that was with near hyperinflation in the late 1970s, and massive recession was in duesed when paul volcker clamped down on that, raised interest rates to the point we wen
their role in the economy. they just punted by and large. >> let's pick up on that because as julie said, there's the argument in its own way that bernanke statement is good news, inflation is low, it may be tepid, but growth is continuing and it shows the economy is recovering. >> but worry for someone like bernanke, when interest rates are this level and this much stimulus in the economy from that, and the economy strengthens to the point we have reasonably robust growth, you're...
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Jun 19, 2013
06/13
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CSPAN2
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. >> this, in turn come a ways on the economy as a whole. can you explain how the cfpb has approached this critical issue. >> i would prefer that in our office. we handle our student loan initiatives and i would say that it is one of the areas that we are very proud of in terms of the activities that we have proceeded with. but he is much more adept at answering those questions. >> thank you. going back to the financial question is part of my colleagues. they have argued that the cfpb should be subject to ensure greater accountability for the agency. this is despite the fact that congress has consistently provided for independent funding for other bank regulators. in your own personal view, can you tell me how likely you could explain why congress gave all the bank regulators independent funding, and to what extent is it important for a regulator with responsibility for examining large institutions with stable and consistent funding. >> congressman, i think that your last point is the point that having that stable funding allows us to focus
. >> this, in turn come a ways on the economy as a whole. can you explain how the cfpb has approached this critical issue. >> i would prefer that in our office. we handle our student loan initiatives and i would say that it is one of the areas that we are very proud of in terms of the activities that we have proceeded with. but he is much more adept at answering those questions. >> thank you. going back to the financial question is part of my colleagues. they have argued that...
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Jun 18, 2013
06/13
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CSPAN2
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and if you look at our economy, our economy which is beginning to gain strength, the economy is beginning to get its legs under it, it, too, needs the labor market certainly that would come from immigration reform. so let's seize this opportunity, mr. president, to pass commonsense legislation that our constituents expect. mr. president, i'm looking right over the dais and on -- above the dais i see e pluribus unum. out of many, one. that's a simple motto, it's engraved in this great senate chamber, and it's one of the daily reminders that we are a nation of immigrants. throughout our history, millions of immigrants, including my ancestors and yours braved hardship and great risks to come here. and why was that, mr. president? they sought freedom, they sought opportunity, they wanted a better life for their families. and today's immigrants in that same spirit continue to brave great risks and hardship to attain the american dream. we've heard from fellow americans who are opposed to fixing our broken system, those who, unfortunately, see immigrants as a burden on our country or who want t
and if you look at our economy, our economy which is beginning to gain strength, the economy is beginning to get its legs under it, it, too, needs the labor market certainly that would come from immigration reform. so let's seize this opportunity, mr. president, to pass commonsense legislation that our constituents expect. mr. president, i'm looking right over the dais and on -- above the dais i see e pluribus unum. out of many, one. that's a simple motto, it's engraved in this great senate...
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Jun 15, 2013
06/13
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KCSMMHZ
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economy. she said the feds quantitative easing helps the recover ne the u.s. and supports the global economy. >> there is no need to rush to exit from monetary accommodations given the still large output gap, gishton subdued growth that we have, and given the well-anchored inflation expectations. >> lagarde says the monetary easing should continue at least through the end of the year. the fed is buying $85 billion in bonds and other assets each month to lower borrowing costs and stimulate employment, but investors speculate it may start tapering off these stimulus measures. the imf report notes markets could overreact leading to a sharp increase in long-term interest rates and volatility of international markets. >>> united nations officials say they expect average life spe expectancy around the world to rise to almost 82 at the start of the next century and they expect the global population to reach more than 10 billion. the u.n. officials released their forecast in a report called world population prospects. they say they think people in east asia, europe an
economy. she said the feds quantitative easing helps the recover ne the u.s. and supports the global economy. >> there is no need to rush to exit from monetary accommodations given the still large output gap, gishton subdued growth that we have, and given the well-anchored inflation expectations. >> lagarde says the monetary easing should continue at least through the end of the year. the fed is buying $85 billion in bonds and other assets each month to lower borrowing costs and...
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Jun 17, 2013
06/13
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FOXNEWSW
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with a terrible economy at home and new dangers abroad, president obama seemed so beatable. but romney didn't know what obama knew. >> all right. listen. let's use this one. >> obama's team had use the advantages of incumbency, time and money to create something new in politics. >> sort of created the perfect political corporation. >> sasha eisen berg literally wrote the book. by char nsa programmin nsacha a campaign made a profile of every single persuadable voter in the country and then with experiments borrowed from behavioral psychology they targeted people with personalized messages and coaxed them to the polls. >> voters are the guinea pigs. >> this was developed in this plain looking washington, d.c. office building home to the labor giant the afl-cio. inside a secret entity called the analyst institute. >> a consortium of liberal groups, parties, campaign and consultants designed to do science and help democrats win the election. >> a political manhattan project with the goal of developing superweapons. it was first seen in a michigan governor race six years guy. a c
with a terrible economy at home and new dangers abroad, president obama seemed so beatable. but romney didn't know what obama knew. >> all right. listen. let's use this one. >> obama's team had use the advantages of incumbency, time and money to create something new in politics. >> sort of created the perfect political corporation. >> sasha eisen berg literally wrote the book. by char nsa programmin nsacha a campaign made a profile of every single persuadable voter in...
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Jun 17, 2013
06/13
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CNBC
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it's been five years since the meltdown wreaked havoc on the global economy. they detail their thesis in the newest institutional investor magazine. next is your asia group president ian bremmer. thanks for being here. >> hi, marie a. glad to be here. >> take us through what you deem to be the new abnormal. >> first, asian markets are doing most of the growing at coming out of the financial crisis, and they are much more uncertain, much more volatile. we see that. whether we talk about turkey or brazil, you've got two governments you thought were doing really well just having the worst week of their careers. a lot of uncertainty across the merging market much more than in the united states or japan or even europe structurally in the last five years. and at the global level, the lack of leadership we continue to see, if anything, it's becoming more obvious, more in evidence at the g-8 right now, making it incredibly difficult to either have agreements on things like syria and the middle east which continues to become much more explosive along sectarian lines, o
it's been five years since the meltdown wreaked havoc on the global economy. they detail their thesis in the newest institutional investor magazine. next is your asia group president ian bremmer. thanks for being here. >> hi, marie a. glad to be here. >> take us through what you deem to be the new abnormal. >> first, asian markets are doing most of the growing at coming out of the financial crisis, and they are much more uncertain, much more volatile. we see that. whether we...
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Jun 21, 2013
06/13
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CURRENT
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my point is imagine with these border agents, that would only boost their economies, and if you think we have a problem now in trying to bring them to the table, you know, as far as negotiating with them, imagine, you know if they have a sort of fledgling economy, along with these federal dollars that are consistently going to be coming in. and if you flood the border with these agents forget about ever reducing it. because they always go back to the point where they need us. >> i think adding a few more border agents is going to not have much effect on the economy of a state. >> well, look at these states that have these prisons they are building and that's an industry within it's a. >> stephanie: yeah. that's true. jim has talked about that before. >> yeah, you have financial incentive to arrest people. >> but i think the southern border does require a few more agents. and that's where the compromise is coming from regarding the immigration bill. >> stephanie: i'm sure it has nothing to do with taking an ass whooping among latinos. >> yeah. >> stephanie: cindy in michigan. >> caller
my point is imagine with these border agents, that would only boost their economies, and if you think we have a problem now in trying to bring them to the table, you know, as far as negotiating with them, imagine, you know if they have a sort of fledgling economy, along with these federal dollars that are consistently going to be coming in. and if you flood the border with these agents forget about ever reducing it. because they always go back to the point where they need us. >> i think...
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Jun 20, 2013
06/13
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KCSMMHZ
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the fed had upgraded its outlook for the american economy, and this prompted investors to buy the dollar. the u.s. currency is stronger against major currencies. dollar/yen right now at 97.94-98. euro/dollar right now is at 1.3207-3208. let's turn our attention to the stock market. now the possibility of the fed tapering its stimulus program caused global investors to be more risk averse. major european markets taking a london's ftse down by 2.3%. frankfurt down by 2.3% and cac403.3%. market players are also cautious as they received a mixed bag of economic data. the latest business activity report for the eurozone shows a contraction, but it's also the smallest downturn since march 2012. meanwhile, germany's producer price index fell more in may than in april. investors sold shares after receiving economic data showing the largest contraction in china's manufacturing activity in nine months. hong kong is one of the biggest losers. hang sang dropped 2.88%. japan were capped. the nikkei average wu down by 1.74%. on the decline in the asian markets, an expert in singapore says market playe
the fed had upgraded its outlook for the american economy, and this prompted investors to buy the dollar. the u.s. currency is stronger against major currencies. dollar/yen right now at 97.94-98. euro/dollar right now is at 1.3207-3208. let's turn our attention to the stock market. now the possibility of the fed tapering its stimulus program caused global investors to be more risk averse. major european markets taking a london's ftse down by 2.3%. frankfurt down by 2.3% and cac403.3%. market...
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global big business is gathering in st petersburg discuss what's happening in the world's economy with russia's political and business elites business correspondent is there and joins us now. ok to tell us what's topping the agenda today that. they care what we've already been speaking about tax evasion the federal reserve tapering their stimulus measures that's really what people are telling about today and also the conflicts to do with energy as well that's what we're really going to focus in upon now and just really the all take right now is seen as a lifeline in these growing times of energy the montanists front all economy that we're in at the moment so right now i've got maria found a haven to talk about this the head of the i.a.e.a. from a seed in special energy agency so tell me do you think that the key arctic nations will work together to use these resources o.t.c. potential competition and complex coming as a result of everyone trying to get in on that well i hope to work together and i think it's important they work together because everybody is looking at the arctic so mag
global big business is gathering in st petersburg discuss what's happening in the world's economy with russia's political and business elites business correspondent is there and joins us now. ok to tell us what's topping the agenda today that. they care what we've already been speaking about tax evasion the federal reserve tapering their stimulus measures that's really what people are telling about today and also the conflicts to do with energy as well that's what we're really going to focus in...
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find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune in to the report on our. mission. couldn't take three months for charges free. range and three. free. free. download free broadcast quality video for your media project free media. dot com. for your experiences in this newsletter which is titled i hold it up it's called the i'm guessing as i write the guinea pig zero direct you know in the title i write about the history of human experiments and news stories about sometimes abuses and things that go wrong in experiments and so not only did you do the experiment but you're the investigative journalist as well within the industry you can say that i keeping them honest keeping them honest because they have to because the guinea pigs themselves can't do it and so they all doped up.
find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune in to the report on our. mission. couldn't take three months for charges free. range and three. free. free. download free broadcast quality video for your media project free media. dot com. for your experiences in this newsletter which is titled i hold it up it's called the i'm guessing as i write the guinea pig zero direct you know in the title i write...
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we all take might now is seen as a lifeline in these growing times of energy the montanists fragile economy that we're in at the moment so right now i've got maria found to have been silk about this the head of the i.a.e.a. some eight seed in special energy agency so tell me to think that the key arctic nations will work together to use these missiles is o.t.c. potential competition and complex coming as a result of everyone trying to get in on it well i hope to work together and i think it's important they work together because everybody's looking at the arctic so magnifying glasses so whatever happens there will be scrutinized immediately and will be seen immediately by the world so i think it's a vehicle supports and other countries in the gates of the arctic and having been part of the arctic all working together a lot about china them because we know that china wants to get a foothold into the arctic if it does manage to do that do you think that the balance of power will change the point is that whatever happens with or without china there there will be there will be this need for coo
we all take might now is seen as a lifeline in these growing times of energy the montanists fragile economy that we're in at the moment so right now i've got maria found to have been silk about this the head of the i.a.e.a. some eight seed in special energy agency so tell me to think that the key arctic nations will work together to use these missiles is o.t.c. potential competition and complex coming as a result of everyone trying to get in on it well i hope to work together and i think it's...
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Jun 18, 2013
06/13
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MSNBCW
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what you've done is try to pull back the covers, if you will, on the way the economy and what we've come through with this devastating recession has affected lives across the country. tell me what you were trying to accomplish. >> the unwinding is a portrait of america over a whole generation. it begins in 1978 which is when i think a lot of the things that we're very familiar with today, deindustrialization, political polarization, the rise of lobbying, the information age had their origins. and it follows a handful of characters, most of whom readers won't have heard of. through their lives, as they move through america, through this incredibly tumultuous time, all these olden institutions and stru structures which used to support ordinary people's ambitions starts to unravel more and more. it is about the undoing of a social contract and it ends today. it is a whole generation of history. >> how has it affected our politics? >> i think what we've seen is, '78 was the year newt grichl in was elected to congress. there are profiles of ten celebrity americans to show what's happening in
what you've done is try to pull back the covers, if you will, on the way the economy and what we've come through with this devastating recession has affected lives across the country. tell me what you were trying to accomplish. >> the unwinding is a portrait of america over a whole generation. it begins in 1978 which is when i think a lot of the things that we're very familiar with today, deindustrialization, political polarization, the rise of lobbying, the information age had their...
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Jun 23, 2013
06/13
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KTVU
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the economy is not improving significantly. you have conversations in the fed and wall street it is a disconnect. >> if the fed raises interest rates that can effect the mortgage rates and all kinds of things. it raises the question whether or not it was a mistake for the fed to be attached. did the economy and all of us become addicted to easy money? >> i think so. i e-mailed four different economists and financial types. took the words out of my mouth. i think, yes, there was a reasonable reason for an emergency intervention in 2008. keeping zero interest rate going for five years is asking for trouble down the roads. i'm afraid at some point we'll pay the price. i think the zero interest rate regime was good for wall street, big banks and big government which can borrow cheap. if interest rates were higher we would see an impact on the deficit. it's bad for small savers. it's been bad for small business actually. community banks don't benefit from this regime. i think the bernanke policies are part of an overall set of polic
the economy is not improving significantly. you have conversations in the fed and wall street it is a disconnect. >> if the fed raises interest rates that can effect the mortgage rates and all kinds of things. it raises the question whether or not it was a mistake for the fed to be attached. did the economy and all of us become addicted to easy money? >> i think so. i e-mailed four different economists and financial types. took the words out of my mouth. i think, yes, there was a...
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was working the sherpa for a printer to ensure proper leaders have discussed in detail how the global economy stations the challenges of all the major countries are facing and one of the challenges is. transparency or for global finance this money being used by institutional investors by banks by large companies for their paying taxes so how this affects us to station to particular countries in need of skill are going to take some primacy requirements and i see that's where it's important development coming down on offshore as was a huge topic calking russia do this and is it possible to get this money back to the home economy major. challenges to improve the station in the russian it's a key instrument to bring money back to you know going to use law enforcement most or something like that it just requires it to. make influence on the investors and we're committed to do so and in reality how much money are we talking about dozens of billions of dollars of new investments to create new more than jobs in the rushing all the surplus are starting from the traditional and the very. nature resourc
was working the sherpa for a printer to ensure proper leaders have discussed in detail how the global economy stations the challenges of all the major countries are facing and one of the challenges is. transparency or for global finance this money being used by institutional investors by banks by large companies for their paying taxes so how this affects us to station to particular countries in need of skill are going to take some primacy requirements and i see that's where it's important...